OKX rolls out OKX Pay and OKX Card in Brazil to offer USD stablecoin access, up to 10% APY, and no IOF tax on international spending. OKX announces in São Paulo the launch of OKX Pay and OKX Card in Brazil, enabling instant PIX‑linked conversion of reais to USD‑denominated stablecoins, domestic and cross‑border stablecoin transfers, […] Source CryptoX Portal
Coinbase Europe was fined $24.8 million by the Central Bank of Ireland due to breaches of its anti-money laundering and counter-terrorist financing rules. The Penalty and Violations The Central Bank of Ireland has fined Coinbase Europe Limited approximately $24.8 million (€21,464,734) for breaching anti-money laundering (AML) and counter-terrorist financing (CFT) obligations between April 2021 and […] Source CryptoX Portal
XRP plunged sharply Wednesday as sellers overran key support zones, triggering widespread liquidation across exchanges while institutional flows drove the heaviest trading activity in over a week. News Background XRP fell 7.5% over 24 hours, sliding from $2.40 to $2.22 in a broad-based selloff that accelerated after the token breached the $2.28 technical support. The breakdown unfolded alongside a surge in trading volume that reached 137.4 million, representing an 84% spike above the daily average. The selling wave peaked at 15:00 GMT, when cascading stop orders amplified downward pressure, forcing…
On Thursday, another stablecoin, this one dubbed ‘USDX’ from Stable Labs, took a nosedive off its $1 peg, skidding all the way down to $0.3736. The meltdown, some say, traces back to the Balancer exploit that left more than $100 million vanishing into the ether. USDX Springs a Leak After the Stream Finance debacle—where its […] Source CryptoX Portal
More than a decade after buying 97 bitcoin for €10,000 (around $11,500) as part of a research project, the local council of Tenerife is preparing to sell the cryptocurrency for nearly €10 million. The BTC was purchased in 2012 by the island’s Instituto Tecnológico y de Energías Renovables (ITER), a public tech center focused on research in renewable energy and emerging technologies, local news outlet El Dia reports. The aim, officials say, was not to make money but to study the inner workings of blockchain technology, the decentralized ledger system…
Venture capital investors have heightened the scrutiny of crypto risk, says B2 Ventures founder Arthur Azizov. Summary October crash spooked at least some Venture capital investors VCs now prioritize infrastructure over crypto products Higher interest rates and market maturity mean that investors are more selective After October’s crypto crash erased billions in value and rattled investor confidence, venture capital is taking a step back from risk. Higher rates, tighter liquidity, and shaken sentiment have forced investors to focus less on token bets and more on the infrastructure keeping the system…
On Thursday, the crypto economy cruised at $3.38 trillion while bitcoin ( BTC) slipped 2% in 24 hours, nearly brushing the $100,000 line again at 11:40 a.m. Eastern. Across the market, it was mostly chaos and a dash of confetti — several coins logged double-digit wins while others faceplanted just as hard. Bitcoin Dips, Most […] Source CryptoX Portal
Crypto influencers charged for shilling “Hong Kong’s FTX.” Philippines senate considers putting government budget on blockchain. Asia Express. Hong Kong authorities on Wednesday formally charged influencers linked to the defunct crypto exchange JPEX. Among those charged are Joseph Lam Chok, a lawyer turned influencer, and Chan Yee, a prominent KOL in the crypto community. Prosecutors say they promoted JPEX while either knowing or ignoring that the platform had no approval to operate in Hong Kong. Under Hong Kongs Anti-Money Laundering Ordinance, it is…
ICP$6.1328 extended its powerful rally on Thursday, jumping 33.99% to $7.02 in a move that firmly established a bullish breakout above the key $7.00 threshold. The sharp rally came amid heavy trading volume and widespread volatility across the broader crypto market, as ICP continued to separate itself from the sector’s prevailing weakness, according to CoinDesk Research’s technical analysis data model. The token surged from $5.26 to reach a high of $7.20, posting one of its strongest daily performances in months. The decisive break above $7.00 marked a psychological and technical…
This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, November 6, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), proudly served as Gold Sponsor of SmartCon 2025, held on November 4-5, 2025 in New York City. SmartCon brought together […] Source CryptoX Portal